NexPoint Marina II DST

Other real estate
Rule 506(c)
Dallas, Texas
Amended Nov 10, 2026

Raising: $48,968,013
Sold so far: $19,332,626; 39% sold
Investors: 76
Average check: $254,377; Sold ÷ investors
Minimum: $100,000
Sales commissions: $4,284,701; Issuer's estimate

In plain English

NexPoint Marina II DST, a real estate business based in Dallas, Texas, filed an amended Form D with the SEC on Nov 10, 2026 to raise about $49 million. It reports about $19.3 million raised from 76 investors, 39% of its target. That works out to roughly $254,000 per investor. The smallest investment it accepts from an outside investor is $100,000.

It filed under Rule 506(c), which means it can advertise the offering publicly, but only accredited investors can buy in, and the issuer has to check that they qualify.

How it compares

Against the 582 real estate offerings filed Oct 14 – Nov 12, 2026.

This offeringMedian

Raise size$49M vs $6.8M median

Larger than 84% of the 458 offerings that set a size.

How much is sold39% sold vs 47% median

Behind 53% of the 458 offerings with a set size.

Minimum investment$100,000 vs $50,000 median

Higher than 62% of the 416 offerings that stated a minimum.

Where the sponsor is based

The Texas housing market

Typical home value $296KChange, 12 months 1.5%Dallas metro $358K

Form D lists the issuer's principal place of business, not where its properties are. Home values for Sep 2026.

See Texas market data

Filing details

File number: 021-597514
Latest filing: Form D/A (amendment), Nov 10, 2026
Accession number: 0002154436-26-000006
Entity type: Delaware Statutory Trust
Industry group: Other Real Estate
Principal place of business: Dallas, Texas
Exemption claimed: Rule 506(c)
First sale: Aug 31, 2026

Timeline

First sale
Aug 31, 2026
Latest amendment (Form D/A) filed
Nov 10, 2026
$19.3M sold (39% of the target)
As reported Nov 10, 2026

Other recent filings from Texas

All fund filings

This page summarizes a notice NexPoint Marina II DST filed with the SEC. Fidelis First is not affiliated with NexPoint Marina II DST, has not reviewed this offering and does not recommend it. Nothing here is an offer to sell or a solicitation of an offer to buy any security. Figures are as the issuer reported them on Nov 10, 2026 and may have changed since.

Sales commissions are the issuer's estimate for the whole offering, not amounts paid so far. Average check is derived: amount sold divided by number of investors. Issuers don't have to amend a Form D when sales or investor counts change, so these can lag.

Source: SEC EDGAR, Form D · As of Nov 10, 2026

Source: Data Provided by Zillow Group · As of Sep 2026